According to Turkish Commercial Code (“Code”) joint stock companies must convene the annual general assembly meetings at least once in a year. In these meetings the resolutions about financial statements, activity reports, election and release of board members, dividend distribution and other related issues are taken. Although the general assembly meetings must be held within 3 months after the fiscal year ends, the Code and the Regulation on the Procedures and Principles of General Assembly Meetings of Joint Stock Companies and Representatives of the Ministry of Customs and Trade to be Present at These Meetings (“Regulation”) regulate specific conditions in which the general assembly meetings may be postponed. In this article, we would like to mention about these conditions.
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Tarlan Avukatlık Bürosu Bloğu 